Core Viewpoint - The control of Cangzhou Mingzhu (002108) is set to change, with Guangzhou Light Industry becoming the new controlling shareholder, and the actual controller will be the Guangzhou State-owned Assets Supervision and Administration Commission [1][2]. Group 1: Share Transfer Details - Guangzhou Light Industry will acquire 166,539,465 shares from Dongsu Group, representing 10.10% of the total share capital as of the agreement date [1]. - Dongsu Group and its concerted parties will delegate voting rights for an additional 159,609,160 shares (9.68% of total share capital) to Guangzhou Light Industry, giving it a total voting power of 19.78% in the company [1][2]. - As of the announcement date, Dongsu Group holds 313,912,903 shares (19.04% of total share capital) and is the current controlling shareholder [2]. Group 2: Company Background and Performance - Cangzhou Mingzhu was established in 1995 and operates six wholly-owned subsidiaries, two holding subsidiaries, two branches, and three associated companies, with major industrial parks in Cangzhou and production bases in Shandong, Anhui, and Chongqing [2]. - The company has faced performance pressure in recent years, with negative growth in net profit since the third quarter of 2023, although there was a slight increase of 0.99% in net profit year-on-year for the first three quarters, and revenue grew by 5.90% to 2.078 billion yuan [2][3]. - The sales revenue of PE pipe products has decreased compared to the previous year, while BOPA film products have seen an increase in both sales volume and revenue, with improved profitability [3]. Group 3: Market Reaction - Following the announcement, Cangzhou Mingzhu's stock opened nearly 4% higher on December 16 but later retreated, closing with a 1.29% increase at 4.72 yuan per share, giving it a market capitalization of 7.78 billion yuan [3].

Group 1 - The core point of the news is that Cangzhou Mingzhu has announced a significant share transfer agreement, resulting in Guangzhou Light Industry becoming the new controlling shareholder of the company [1] - The share transfer involves approximately 167 million shares, which represents 10.10% of the company's total share capital as of the agreement signing date [1] - Following the transfer, Guangzhou Light Industry will hold voting rights corresponding to 19.78% of the company's shares, while the remaining shares held by Dongsu Group and its concerted parties will be entrusted to Guangzhou Light Industry [1] Group 2 - As of the first half of 2025, Cangzhou Mingzhu's revenue composition includes: 37.27% from PE pipe plastic products, 32.23% from BOPA film plastic products, and 26.12% from lithium-ion battery separator materials [2] - The company's market capitalization is reported to be 7.7 billion yuan [2]

Core Viewpoint - Cangzhou Mingzhu (002108) has signed a share transfer agreement with Guangzhou Light Industry and Trade Group, resulting in a change of control with Guangzhou Light Industry becoming the new controlling shareholder [1] Group 1: Share Transfer Details - Guangzhou Light Industry acquired 10.1% of Cangzhou Mingzhu's shares from the controlling shareholder Dongsu Group for a total consideration of 710 million yuan [1] - Following the share transfer, Dongsu Group and its concerted parties will delegate the voting rights of their remaining 9.68% shares to Guangzhou Light Industry, allowing it to control 19.78% of the voting rights in the company [1]

Core Viewpoint - Cangzhou Mingzhu (002108.SZ) announced a share transfer agreement with Guangzhou Light Industry, resulting in a new controlling shareholder for the company [1] Group 1: Share Transfer Details - Dongsu Group and its concerted parties, including actual controller Mr. Yu Ting, signed a share transfer agreement on December 15, 2025, to transfer 167 million shares to Guangzhou Light Industry, representing 10.10% of the total share capital on the signing date [1] - The transfer price per share is set at 4.263 yuan, totaling approximately 712.04 million yuan for the shares transferred [1] - Dongsu Group and its concerted parties will delegate voting rights for the remaining 160 million shares (9.68% of total share capital) to Guangzhou Light Industry, allowing it to control 19.78% of the voting rights in the listed company [1]

沧州明珠（002108）(002108.SZ)公告，东塑集团及其一致行动人、公司实际控制人于桂亭先生于2025 年12月15日与广州轻工在广州市签署了《河北沧州东塑集团股份有限公司于桂亭于立辉赵明与广州轻工 工贸集团有限公司关于沧州明珠塑料股份有限公司之股份转让协议》及《表决权委托协议》，东塑集 团、于桂亭先生、于立辉先生和赵明先生分别出具了《不谋求控制权承诺函》。 广州轻工以协议转让方式受让东塑集团持有的公司1.67亿股股份，转让股份数量占协议签署日公司总股 本的10.10%，每股转让价格为4.263元。同时东塑集团及其一致行动人将持有的公司剩余1.6亿股股份(占 协议签署日公司总股本的9.68%)对应的表决权委托给广州轻工，广州轻工通过直接持股联合表决权委托 的方式获得上市公司19.78%股份表决权，成为公司新的控股股东。 ...

证券代码：002108 证券简称：沧州明珠 公告编号：2025-075 沧州明珠塑料股份有限公司 关于控股股东签署《股份转让协议》等相关协议 暨控制权拟发生变更的提示性公告 公司控股股东河北沧州东塑集团股份有限公司及其一致行动人、广州轻工工贸集团有限 公司保证向本公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导 性陈述或重大遗漏。 特别提示： 1、截至本公告披露日，公司控股股东河北沧州东塑集团股份有限公司（以 下简称"东塑集团"）持有沧州明珠塑料股份有限公司（以下简称"公司"或"上 市公司"）313,912,903 股股份（占协议签署日公司总股本的 19.04%），为公司 控股股东；于桂亭先生持有东塑集团股份比例为 55.83%，为公司实际控制人。 截至目前，东塑集团一致行动人于立辉先生持有公司股份 11,847,622 股、赵明 先生持有公司股份 388,100 股。截至本公告披露日，东塑集团及其一致行动人于 立辉先生、赵明先生合计持有公司股份 326,148,625 股，占协议签署日公司总 股本的 19 ...

Core Viewpoint - The announcement indicates a significant change in the ownership structure of Cangzhou Mingzhu, with Guangzhou Light Industry becoming the new controlling shareholder through a share transfer agreement with Dongsu Group [1] Group 1: Share Transfer Details - Dongsu Group has signed a share transfer agreement with Guangzhou Light Industry, transferring 167 million shares, which represents 10.10% of the company's total share capital as of the agreement date [1] - Following the transfer, Dongsu Group and its concerted parties will delegate the voting rights of the remaining 160 million shares to Guangzhou Light Industry, allowing it to control 19.78% of the voting rights in the company [1] Group 2: Change in Control - The share transfer and voting rights delegation will result in a change of the company's controlling shareholder from Dongsu Group to Guangzhou Light Industry [1] - The actual controller of the company will change from Mr. Gui Ting to the State-owned Assets Supervision and Administration Commission of the People's Government of Guangzhou [1]

证券日报网讯12月12日，沧州明珠（002108）在互动平台回答投资者提问时表示，公司控股股东东塑集 团和广州轻工工贸集团有限公司之间的拟进行协议转让相关事项，交易双方正按相关程序推进该项工作 中。公司也会密切关注该事项的进展情况，后续如有实质性进展，公司会及时按相关规定履行信息披露 义务，请届时关注公司相关公告信息。 ...

证券日报网讯12月11日晚间，沧州明珠（002108）发布公告称，截至本公告日，公司不存在逾期担保或 涉及诉讼的担保及因担保被判决败诉而应承担损失等情形。 ...

证券代码：002108 证券简称：沧州明珠 公告编号：2025-074 沧州明珠塑料股份有限公司 关于为孙公司提供担保的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导 性陈述或重大遗漏。 特别提示：截至本公告日，上市公司对外担保金额余额为 37.29 亿元，占公 司最近一期经审计净资产的 72.40%。请广大投资者充分关注担保风险。 一、担保审议情况概述 沧州明珠塑料股份有限公司（以下简称"公司"）于 2025 年 4 月 25 日和 2025 年 5 月 16 日分别召开第八届董事会第二十七次会议和 2024 年度股东大会， 审议通过了《关于 2025 年度为下属公司提供担保额度预计的议案》，同意为沧 州明珠锂电隔膜有限公司（以下简称"沧州锂电隔膜"）提供担保，累计担保额 度余额不超过人民币 270,000 万元，期限至 2025 年度股东大会召开日为止。具 体内容详见公司于 2025 年 4 月 26 日在巨潮资讯网（http://www.cninfo.com.cn） 披露的《关于 2025 年度为下属公司提供担保额度预计的公告》，公告 2025－021 号。 为满 ...